03-09-2011, 05:21 PM
PaulW on 1/18/2009 predicted:
http://punaweb.org/Forum/topic.asp?TOPIC_ID=7760
(gas was at 2.34 a gallon, today in Pahoa it was $3.88)
On 7/29/2009 PaulW predicted:
http://punaweb.org/Forum/topic.asp?TOPIC_ID=9030&SearchTerms=oil
Oil has almost doubled but the stock market is still going up. He got the stock part right, but that is a bad economic sign. But here is an article about Paulw's favorite store regarding the great economy if you are not convinced:
http://www.reuters.com/article/2011/03/0...IC20110308
http://punaweb.org/Forum/topic.asp?TOPIC_ID=7760
quote:
Oil can't keep going down, just like it couldn't just keep going up and up.
There's a happy medium and it'll swing back and forth over it.
Good thing too, or we'd get deflation.
(gas was at 2.34 a gallon, today in Pahoa it was $3.88)
On 7/29/2009 PaulW predicted:
http://punaweb.org/Forum/topic.asp?TOPIC_ID=9030&SearchTerms=oil
quote:
Last time I looked, oil was going down and stocks were going up.
The economic meltdown so many predicted just hasn't happened.
Oh well, maybe next time.
Oil has almost doubled but the stock market is still going up. He got the stock part right, but that is a bad economic sign. But here is an article about Paulw's favorite store regarding the great economy if you are not convinced:
http://www.reuters.com/article/2011/03/0...IC20110308